By Adam Turteltaub
adam.turteltaub@corporatecompliance.org

Your organization has just reached a settlement with the government, and you have a corporate monitor. Making that relationship work is essential not just for meeting the terms of a Deferred Prosecution Agreement. It’s also essential for coming out of the monitorship with a much stronger compliance and ethics program.

Eric Feldman of Affiliated Monitors, Inc. and Tom Topolski worked closely together when Tom’s previous employer had engaged Eric as a monitor. In this podcast they discuss what made their relationship work, and the lessons every compliance professional can take away when in the middle of, or about to face, a monitorship.

They explain:

Getting a monitor is not always negative; it’s also a good opportunity to adopt best practices

Red flags that a monitor would see as a symptom of a larger problem than expected

The importance of trust to the relationship

The monitor has to go in with a mindset that they are there to be collaborative, and that collaboration and independence are not mutually exclusive

The goal is to work together to build the best organization possible using compliance best practices